Trend Lines

[pawelklos]

This topic is dedicated to the trend lines. Everyone who likes this tool welcome aboard:)

Soon new posts

[MightyOne]

The bounce in the circle is off of 25*

While not scaled correctly for a P&F chart, I really only need to find the angles that the chart is using.

http://i43.tinypic.com/esjbkh.gif

[Jalarupa]

The bounce in the circle is off of 25*

While not scaled correctly for a P&F chart, I really only need to find the angles that the chart is using.

http://i43.tinypic.com/esjbkh.gif

My angles aren't the same as yours...

[MightyOne]

The bounce in the circle is off of 25*

While not scaled correctly for a P&F chart, I really only need to find the angles that the chart is using.

http://i43.tinypic.com/esjbkh.gif

My angles aren't the same as yours...

I can understand mismarking small angles, but 45* as nearly vertical...
come on Jala

[Jalarupa]

The bounce in the circle is off of 25*

While not scaled correctly for a P&F chart, I really only need to find the angles that the chart is using.

http://i43.tinypic.com/esjbkh.gif

My angles aren't the same as yours...

I can understand mismarking small angles, but 45* as nearly vertical...
come on Jala

my bad!

It was 60* not 45* I was marking up this chart whilst balancing my newborn baby girl on my lap...

[Humble]

Hey Jal, congratulations. Great start to the new year. You obviously get the angle right sometimes

[Jalarupa]

Thanks Humble

[MightyOne]

http://i41.tinypic.com/ypd2q.gif

http://i43.tinypic.com/v8pyyg.gif

http://i41.tinypic.com/154c5tv.gif

[PebbleTrader]

For those working with angles in MT4, check out Bredin's tool, it draws the correct angle no matter what the vertical scale is.

[pawelklos]

little analysis




S/R - seems to be lagging trend indicator. Price dropped by 2,200 pips before we got the signal from S/R that the trend has changed.

It seems to me that the trend lines are a better tool to check the trend. S / R can be used to enter in order to lower tf but not to check the trend - how do you think?